Entravision Communications Corp. had a 2% drop in revenues for its television stations in the first quarter of 2008. The company reported revenues of $36.1 million compared to $36.8 million in the same period in 2007.
In a press release, Entravision attributes the revenue loss to a drop in national advertising sales, “primarily due to a decrease in advertising rates.” The company expects another decrease in revenues in the second quarter.